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SHEL Shell Plc

2,819.00
-44.00 (-1.54%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -44.00 -1.54% 2,819.00 2,821.00 2,821.50 2,884.50 2,813.00 2,875.00 6,684,768 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.47 183.25B

Royal Dutch Shell Reports 10% Votes Cast Against Director Pay

21/05/2019 3:56pm

Dow Jones News


Shell (LSE:SHEL)
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From May 2019 to May 2024

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By Oliver Griffin

 

Royal Dutch Shell PLC (RDSB.LN) said Tuesday that 10% of votes at its annual general meeting were cast against directors pay, following earlier news that total pay for its CEO more than doubled in 2018.

In March the Anglo-Dutch oil major said total remuneration for Chief Executive Ben van Beurden in 2018 rose to 20.1 million euros ($22.4 million), from EUR8.9 million in 2017, after reaching the first year for full eligibility under Shell's long-term incentive plan.

Shell reported that 488.1 million votes were cast against approval of the directors' remuneration report, while 4.4 billion--or 90%--of votes approved the resolution. In total, around 60% of votes attended the meeting.

In March, Shell said that under Mr. van Beurden the company had enjoyed three strong years. The company cited the completion of its $50 billion acquisition of BG Group, its completed divestment program and the launch of a $25 billion share buyback.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

May 21, 2019 10:41 ET (14:41 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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